CBIC Chairman Urges Resolution of Legacy Cases

12 Apr 2024 CW Team

Sanjay Agrawal, the Chairman of the Central Board of Indirect Taxes and Customs (CBIC), has emphasized the need to address legacy adjudication cases promptly. In a recent statement, Agrawal highlighted the significance of resolving these cases to ensure a smoother functioning of the tax administration system. The backlog of legacy cases has been a longstanding issue, causing delays and hindrances in tax proceedings.

Agrawal's call for action comes at a crucial time when the Indian economy is striving for efficiency and transparency in tax matters. Legacy adjudication cases refer to unresolved tax disputes dating back several years, which continue to burden the system with their unresolved status. These cases often involve complex legal issues and require careful examination and resolution.

Resolving legacy cases is essential not only for streamlining tax processes but also for fostering investor confidence and promoting ease of doing business in India. Investors and businesses seek a robust and predictable tax environment, and the timely resolution of legacy cases contributes significantly to achieving this goal.

Agrawal's proactive stance underscores the CBIC's commitment to addressing systemic challenges and enhancing the efficiency of tax administration. By prioritizing the resolution of legacy cases, the CBIC aims to create a more conducive environment for taxpayers and facilitate smoother tax compliance procedures.

Key Takeaways:

CBIC Chairman Sanjay Agrawal urges resolution of legacy adjudication cases. Legacy cases contribute to delays and hinderances in tax proceedings. Timely resolution crucial for fostering investor confidence and ease of doing business. CBIC committed to addressing systemic challenges and enhancing tax administration efficiency.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..